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Syrah Navigates Balama Protests and US Market Shifts with $165M Tax Boost
6:17am on Monday 2nd of June, 2025 AEST
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Mining
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Syrah Navigates Balama Protests and US Market Shifts with $165M Tax Boost
6:17am on Monday 2nd of June, 2025 AEST
Key Points
Balama graphite production suspended due to community protests
Multi-year binding offtake agreement signed with Lucid for ~7kt Vidalia AAM supply
Vidalia AAM production meets battery-grade specifications; sales expected in 2025
US$165 million Section 48C tax credit awarded for Vidalia Further Expansion project
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